Global networking firm CISCO has partnered with Infrastructure Leasing & Financial Services Technologies to utilize the Internet of Everything based digital solutions to develop infrastructure and smart cities in India.
This aligns with the Government of India’s vision to develop 100 smart cities across the country by 2022. The Indian finance ministry has allocated 7060 Crore for development of smart cities. The Digital India initiative by the government also focuses on empowering citizens by offering infrastructure as a utility to citizens along with providing data connectivity to schools, colleges and the general public.
The collaboration between Cisco and ITL will focus on bringing together complementary capabilities of both companies. Cisco’s vision of the Internet of Everything, which is the intelligent connection of people, processes, data, and things, is already revolutionizing the way cities operate, creating a more dynamic digital economy and also bringing new experiences to citizens.
IL&FS’s deep expertise in infrastructure development in India along with ITL’s technology services capabilities complements Cisco IoE architecture and robust vertical solutions.
“Today, only 1 per cent of all the things that surround us are connected to the network. In India every day an average of 275,000 devices will be connected to the network. Our vision of the Internet of Everything is that we will live in a world where everything—and everyone—can be connected to everything else. We have the opportunity to embrace the Internet of Everything and help enable a digital India. By enabling a digitized economy we hope to enable safer streets, smarter homes and healthier and better-educated citizens. The Internet of Everything will change how we work by delivering more information, better decisions and increased economic value.” – Dinesh Malkani, President, Sales, Cisco India and SAARC.
The combined solutions developed by both firms will help citizens access infrastructure services such as public safety, traffic, parking, lighting, and water, as well as city operators to improve city infrastructure operations through sharing information in real time across agencies and systems.